{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3606663-039",
 "identifier": "kaal:claim:3606663-039",
 "text": "The Bank of Canada's year long Jasper trial revealed a tradeoff rather than a solution: Ethereum would make the wholesale payment system more resilient but was costly and raised privacy issues, while Corda addressed cost and privacy but made the system less resilient, and the Bank concluded in May 2017 that blockchain was not mature enough to run a national interbank payment system.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Digital Asset Market Evolution",
  "datePublished": "2020",
  "url": "https://ssrn.com/abstract=3606663",
  "sha256": "d1d4a15a293b715bb6a5a32e689f59c3a1587915039ba9a1cf4eeb8ee2a1e57c",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202020%20-%20Digital%20Asset%20Market%20Evolution.pdf"
 },
 "keywords": [
  "systemic-risk",
  "decentralization",
  "blockchain",
  "consensus-and-security"
 ],
 "about": [
  "cbdc",
  "bank-of-canada",
  "distributed-ledger",
  "resilience",
  "privacy"
 ],
 "abstract": "While Ethereum would make the wholesale payment system more resilient but would be costly and raised privacy issues, Corda was able to address the cost and privacy concerns but made the system less resilient.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "empirical"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "evidenced"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "Bank of Canada Jasper trial",
    "national interbank payment system use case",
    "as of May 2017"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": true
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/3708d5d1817b43c7f27c40401241e31898b2851e6bd06275e6dc4ff6815f60fa.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": []
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "3708d5d1817b43c7f27c40401241e31898b2851e6bd06275e6dc4ff6815f60fa",
 "canonicalForm": "https://wulfkaal.github.io/claims/3606663-039.md"
}